Local leaders have given their approval for a major development being proposed in Chester County.
The Chester County Council recently approved the third and final reading for an agreement for the Stanton Development in Richburg. The master-planned project will be developed by Charlotte-based JDSI LLC and calls for more than 1,000 residential units with homes, townhouses and apartments. The development agreement approval comes after developers successfully rezoned the land for the project last year. The project was formerly known as Cheswick.
The final reading was approved at the county council’s meeting on March 21. At that meeting, leaders said the project called for 630 single-family homes, 240 apartments and 200 townhomes, the same plan that was presented when developers pursued the rezoning last year. Of the 630 homes, 180 of them are classified as low-density units and the remaining 450 will be medium-density units.
The project site is located at Lancaster Highway and Wylies Mill Road near Exit 65 of Interstate 77. The development agreement estimates that 50% of the project will be built out in five years, with full buildout projected after 10 years. That is consistent with the timeline the developers shared with the Charlotte Business Journal last year.
JDSI LLC is run by David Hensley and Judson Stringfellow, the leaders of SouthCraft Builders in Charlotte. In June 2021, they estimated that they were around two years away from beginning home sales for the Stanton project.
The project also has land available for commercial development, which developers said last year would be built after construction on housing units begins. Site plans have shown around 40 acres available for commercial uses there. Developers have said previously they hope to land an anchor store for the commercial component. Uses such as a drug store, sit-down restaurants and other retail or medical office space are also in play for the commercial section.
Copyright: Charlotte Business Journal
